CategoryCryptocurrency News

Read the most unique and breaking cryptocurrency news stories on CCN.com. Exclusive commentaries and expert opinions. 60 journalists + more.

Bitcoin Faketoshi Fails Again? Craig Wright 'Exposed' by Microsoft Office

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By CCN Markets: Self-proclaimed Bitcoin creator Craig Wright popped up to remind everyone of his existence this week. While yet another ‘Faketoshi’ showed up to begin their own unique scam, Wright was busy unwittingly exposing his own. Did Microsoft Office Just Catch Craig Wright in the Act? On August 18th, Craig Wright uploaded a paper to the SSRN database titled Payments Providers and...

Litecoin Price Slump Rewards Bold Traders With 'Maximum Opportunity'

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By CCN Markets: Litecoin’s recent halving was unfortunately met by intense selling against Bitcoin. The downward pressure was so intense that the crypto token plunged to a fresh 2019 low of 700,100 satoshis (~$72) on August 17th. Recent price action suggests that there’s nothing bullish about the chart of the fifth-largest cryptocurrency. However, that's precisely why one contrarian crypto trader...

Ethereum Whiz Teases 100x Scaling, Says Crypto Is 'Bigger Than Bitcoin'

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By CCN Markets: Ethereum co-founder Vitalik Buterin says improving scalability could slash crypto transaction costs by a factor of "over 100." That's crucial, considering that blockchain has become so much "bigger than bitcoin." Moreover, Buterin says upgrading scalability could dramatically boost mass crypto adoption. So that's a pressing issue the industry must address if it wants to make...

Bakkt Effect? Bitcoin Price Spikes to $10.7k, Key Technical Indicators Lit

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By CCN Markets: Since the official announcement of Bakkt’s bitcoin futures market launch on August 17, the bitcoin price has surged by well over 6 percent against the U.S. dollar to $10,700. On Saturday, before Bakkt received green light from the Commodities and Futures Trading Commission (CFTC), the bitcoin price was hovering at below $10,000. "Bakkt is bridging that gap to access this market...

Japanese Giant Rakuten Officially Launches Cryptocurrency Exchange

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By CCN Markets: Rakuten, the largest e-commerce company in Japan which serves well over 1.2 billion individuals globally with its e-commerce and payments services, has officially launched a cryptocurrency exchange. The official statement of Rakuten read: "Rakuten Wallet, Inc., a consolidated subsidiary of Rakuten Group and operator of a crypto asset (virtual currency) exchange business, announced...

Self-Proclaimed Satoshi Nakamoto's Bitcoin 'Reveal' Is an Epic Fail

By CCN Markets: The latest self-proclaimed Satoshi Nakamoto overpromised and underdelivered in Part 1 of his "big reveal" — probably to the surprise of no one in crypto. In a meandering blog post, the self-proclaimed bitcoin inventor did not reveal his real name, nor did he produce a photo of himself. So we're still no closer to learning his true identity than we were before the "reveal." One...

Bitcoin Groupies Call Bullsh*t on 'Fraudulent' Satoshi Reveal

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By CCN Markets: The handful of Bitcoin fans who are still begging for the “real” Satoshi Nakamoto to please stand up may get their wish as early as today. However, most of the crypto community isn't getting worked up. They’re in no mood to be punked. 'Satoshi Nakamoto' to Reveal 'True' Identity CCN reported that blockchain company Satoshi Nakamoto Renaissance Holdings would unveil the identity...

Bitcoin Twitter Is Daydreaming About a Hong Kong Bank Run

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By CCN Markets: There’s nothing like a bank run to bring out the bitcoin-fever dreamers. Hong Kong protesters reportedly tried the tactic in their latest effort to stop what they see as unfair practices of their government. A prominent leader of the protesters called for a run on the banks, urging people to drain their accounts. The call was music to the ears of bitcoin enthusiasts, many of whom...

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